Cushman & Wakefield Brokers Sell Sleep Inn & Suites In Tampa For $10.5M
6231 South Dale Mabry Highway
$10,500,000
Building Size
—
Asset Type
Hotel
Closing
Jul 18, 2025
AI
The property involved in the transaction is a hotel located at 6231 South Dale Mabry Highway in Tampa. The asset is known as Sleep Inn & Suites and has 77 keys. The sale price for the hotel was $10,500,000, with a price per key of $136,364. This transaction marks the second sale of the property since its construction in 2019.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $10,500,000
- Address: 6231 South Dale Mabry Highway, Tampa
- Keys: 77
- Price Per Key: $136,364
The deal was facilitated by brokers from Cushman & Wakefield, namely David Greenberg, Ely Silverstein, Gabriel Shamay, Christopher Passeggiata, and Jesse Lastofsky. Their involvement underscores the expertise and collaborative efforts of the brokerage team in executing this transaction.
Players
Tampa Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93